XRP has reached another decisive moment, and the next move could determine whether buyers finally regain control after weeks of back-and-forth price action. One technical pattern is nearing completion, smaller timeframes have started to lean bullish, and a long list of fundamental arguments continues to support the Ripple ecosystem.
None of those factors guarantee a breakout, though they do reveal why the $1.29 area has become one of the most important price levels to watch.
TheCryptoBasic recently pointed to a developing double bottom pattern on the XRP chart. That formation often appears near the end of a downtrend, although confirmation only comes after price breaks above the neckline.
$XRP may currently be forming a double bottom, but a bullish reversal would depend on a breach of the neckline at $1.29.
— TheCryptoBasic (@thecryptobasic) July 4, 2026
The structure began when XRP dropped below the $1.28 to $1.30 support range in late May. This breakdown led to the first bottom at $1.05 in early June. At…
The pattern started in late May after XRP lost support between $1.28 and $1.30. That decline eventually produced the first bottom near $1.05 during early June. Selling pressure was intense at the time. Trading volume reached 281.77 million XRP on June 5 before easing to 141.36 million XRP on June 6.
Buyers eventually pushed XRP back toward $1.29 by June 15. That recovery created the neckline of the pattern. Selling pressure returned once again before XRP formed another low at $1.0092 on June 26.
That second decline completed the basic structure of the double bottom. Confirmation, however, still depends on one final step.
TheCryptoBasic explained that XRP needs to close above the $1.28 to $1.29 neckline and continue holding that area as support. Without that breakout, the pattern remains incomplete and cannot be treated as a confirmed bullish reversal.
A successful breakout could open the door toward the next technical objective near $1.57.
What you'll learn 👉
XRP Is Turning Bullish on Smaller Timeframes
The larger chart still requires confirmation, though the shorter timeframes already paint a more constructive picture.
A look at the 1 hour XRP chart shows several popular technical indicators leaning toward the bullish side. None of these indicators can predict price with certainty on their own. Together, however, they show improving market conditions.
The Relative Strength Index stands at 66.593, which produces a Buy signal. That reading shows buying pressure currently outweighs selling pressure without entering deeply overbought territory.
The MACD indicator has a value of 0.009 and also points to a Buy signal. Positive MACD readings often indicate that upward momentum remains stronger than downward momentum.
The Average Directional Index stands at 56.335. That level produces another Buy signal and shows the current trend has meaningful strength behind it.
The Rate of Change indicator has reached 1.321. That Buy reading shows XRP price continues moving higher compared with previous periods.
Bull Bear Power currently stands at 0.0257. A positive reading usually shows buyers have gained the upper hand over sellers during recent trading sessions.
The current readings from the 1 hour chart are summarized below.
| Indicator | Value | Action |
|---|---|---|
| RSI (14) | 66.593 | Buy |
| MACD (12,26) | 0.009 | Buy |
| ADX (14) | 56.335 | Buy |
| ROC | 1.321 | Buy |
| Bull/Bear Power (13) | 0.0257 | Buy |
XRP Supporters Continue Pointing to Ripple’s Long-Term Strength
Technical patterns can help identify possible price moves over the coming days or weeks. XRP Avengers takes a much broader view. His bullish outlook focuses on Ripple’s legal position, the XRP Ledger’s technology, growing business adoption, and the possibility that XRP has not fully priced in those strengths.
XRP Avengers begins with regulation, which has remained one of the biggest talking points around Ripple for several years. He argues that XRP now stands apart from many digital assets because of its legal clarity in the United States following Ripple’s court victories against the SEC. His view is that greater regulatory certainty could make XRP more attractive to companies and institutions that have waited for clearer rules before increasing their exposure to digital assets.
Technology forms another major part of his bullish thesis. XRP Avengers argues that the XRP Ledger continues to offer practical advantages through fast transaction speeds, low costs, and energy efficiency compared with older blockchain networks.
It’s time to remind you all the 17 reasons why I’m mega bullish on $XRP
— ⚔️ XRP Avengers ⚔️ (@XRP_Avengers) July 4, 2026
Here you go:
1. Only digital asset in the US with legal clarity
2. Only digital asset officially declared not a security
3. Faster, cheaper and greener than BTC and ETH
4. No gas fees. No delays. No…
He also points to the network’s security record, noting that the XRP Ledger has operated without suffering the type of network hack seen on some blockchain platforms. Ease of use also features prominently in his analysis. He believes wallets such as XUMM provide a smoother experience than many competing crypto wallets, which could help support wider adoption over time.
Ripple’s business strategy is another reason behind his optimism. XRP Avengers believes XRP remains one of the strongest cryptocurrencies for cross border payments because it was designed to move value quickly across different countries and financial systems.
He also points to Ripple’s partnerships with banks and major companies as evidence that the technology continues to attract enterprise interest. His view is that Ripple’s management team and its public communication have helped strengthen confidence in the company’s long term plans, particularly after its legal battles with the SEC.
Read Also: Do Meme Coins Have a Future? PEPE and BONK Prices Pump Double Digits
Price potential also plays an important role in his outlook. XRP Avengers notes that XRP has still not returned to its previous all time high near $3.70 despite several positive developments over recent years. He believes additional institutional liquidity, interest from larger investors, and broader crypto market growth could create favorable conditions if demand continues increasing.
His comments about Ethereum whales moving toward XRP and capital rotating out of traditional markets represent personal expectations rather than confirmed future events, though they help explain why he remains optimistic about Ripple’s future.
Community support completes his bullish argument. XRP Avengers believes the XRP community remains one of the project’s greatest strengths because it continues supporting Ripple through both strong and weak market conditions.
His overall view is that legal clarity, real world utility, established partnerships, network technology, and an active community combine to create a foundation that could support XRP if the broader cryptocurrency market enters another bullish phase.
FAQs
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
